Daniel D. Malzahn - 09 Nov 2022 Form 4 Insider Report for NVR INC (NVR)

Role: Chief Financial Officer
Signature: Daniel D. Malzahn
Issuer symbol: NVR
Transactions as of: 09 Nov 2022
Net transactions value: -$6,341,758
Form type: 4
Filing time: 14 Nov 2022, 10:15:45 UTC
Previous filing: 03 Nov 2022
Next filing: 06 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NVR	NVR, Inc. common stock	Options Exercise	$491,515	+482	+7.4%	$1019.74^*	7,036	09 Nov 2022	Direct
transaction	NVR	NVR, Inc. common stock	Sale	$2,024,400	-482	-6.9%	$4200.00	6,554	09 Nov 2022	Direct
transaction	NVR	NVR, Inc. common stock	Options Exercise	$2,000,730	+1,962	+30%	$1019.74^*	8,516	10 Nov 2022	Direct
transaction	NVR	NVR, Inc. common stock	Sale	$6,809,603	-1,540	-18%	$4421.82	6,976	10 Nov 2022	Direct
holding	NVR	NVR, Inc. common stock						1,030	09 Nov 2022	By ESOP Trust
holding	NVR	NVR, Inc. common stock						369	09 Nov 2022	By Profit Sharing Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NVR	Employee stock option (right to buy)	Options Exercise	$0	-482	-20%	$0.000000	1,962	09 Nov 2022	Common stock	482	$1019.74	Direct	F1
transaction	NVR	Employee stock option (right to buy)	Options Exercise	$0	-1,962	-100%	$0.000000^*	0	10 Nov 2022	Common stock	1,962	$1019.74	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock options granted under the 2010 Equity Incentive Plan vest in 25% increments on 12/31/15, 12/31/16, 12/31/17 and 12/31/18.